Hong Kong Financial Secretary Paul Chan: Hong Kong handles about 80% of the global offshore RMB payment volume
ChainCatcher news, according to Jinshi Data, Hong Kong's Financial Secretary Paul Chan attended the Bank of China 2025 Renminbi Internationalization Forum and delivered a speech at the event. Paul Chan revealed that Hong Kong is the world's largest offshore Renminbi business hub, handling about 80% of the global offshore Renminbi payment amounts, is the largest offshore Renminbi funding pool, and has the world's most active Renminbi foreign exchange and bond market.
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